Inflation Outlook
We are of the opinion that inflationary pressures will rise due to labour demands in South Africa. This is
supported by Eskom’s, the national power supplier, demands for higher than inflation increases. A further
determining factor is the rise of the Consumer Price Index (CPI). In South Africa, the Consumer Price Index or
CPI measures change in the prices paid by consumers for a basket of goods and services. This page includes a
chart with historical data for South Africa Consumer Price Index (CPI).
It is our opinion that it is inevitable that interest rates may rise should these inflationary pressures remain.
See interest rate chart below.
Click on “Trend” below on the chart to see the trend.
© Nethold (Pty) Ltd 2014
Sandton, Pretoria, Cape Town, Durban, Port Elizabeth, Nelspruit, Polokwane, Bellville, Bloemfontein, East London